You have probably heard the old advice to focus on “Location, Location, Location!” many times in the past when choosing a location for your business.
If you have an online business or a B2B business, your location does not matter much. However, in a retail/service business like ours, I couldn’t agree more!
A few months ago, our branch in SM Manila got relocated and guess what?! Our sales dropped by almost 30%!
To think, we were just transferred within the Cyberzone Area (a few kiosks away from our original location) and our sales got affected that bad!
So, next time when you are thinking of settling for a mediocre location for your business, think, think, think!
Let me know your thoughts below.